Remove 2030 Remove Benchmarking Remove Metrics Remove Staffing
article thumbnail

What Is Human Resources?

AIHR

In HR strategic planning, the HR department works closely with the management team and business leaders to study current and future staffing requirements, determine skill gaps, and enforce HR tactics that will attract, grow and retain the most talented individuals. By 2030, the market will grow at a rate of 12.7%

article thumbnail

Strategic Workforce Planning 101: Framework & Process

AIHR

As explored in our HR Metrics & Dashboarding Certificate Program , the goal of strategic workforce planning is to have a workforce with the right size, shape, cost, and agility. However, if staffing costs between departments are equal, product line B is much more profitable than product line C. The revenue per employee in B is $1.6

Revenue 78